Daily Archives: May 25, 2023 at 07:26 am EDT

Macro Briefing: 25 May 2023

* Risk is rising for no deal on debt ceiling over long holiday weekend
* Default might not stop US Treasuries from trading
* Fitch puts US credit rating on rating watch negative due to “political partisanship”
* Yields surge for soon-to-mature Treasury bills due to debt-ceiling risk
* Federal Reserve officials divided over rate hikes, minutes reveal
* Threats to the global banking system have eased
* Global investment in solar energy set to overtake equivalent for oil production
* Meta continues brutal round of layoffs
* Buying a US home is cheaper than renting in just 4 cities
* Germany slips into recession after revised Q1 GDP reflects 0.3% decline:

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